Housing Wire

MAY 30, 2023

Swiss bank UBS Group AG plans to wind down a business in its US mortgage unit that focuses on “to-be-announced” (TBA) trading, Bloomberg reported late last week. We are fully committed to our lending business, which supports independent mortgage originators,” UBS spokesperson Erica Chase told Bloomberg in an email.

Business 362

Business Mortgage Finance Design 362

Housing Wire

JANUARY 7, 2021

Acra Lending, one of the largest independent non-QM specialty finance lenders, has added to its suite of mortgage loan programs with the launch of its Jumbo Prime mortgage solution. Acra designed the program as an extension to its suite of programs for purchase or refinance of higher valued properties.

Lending 366

Lending Development Design Finance 366

Housing Wire

NOVEMBER 30, 2022

A recent lawsuit filed by Banc of California is claiming that mortgage lenders and servicers Sprout Mortgage (now defunct) and Planet Home Lending owe $1.5 million related to the proceeds of two notes it owned and funded. District Court in the Central District of California, Southern Division. Zillow shows the estimated price is $26.5

Lending 369

Lending Mortgage Design Business 369

Housing Wire

JUNE 30, 2022

While a booming market kept brokers busy in 2021, the 2022 housing market has been underscored by rising interest rates, inflation and geopolitical turbulence. With 35 years of experience in the mortgage business, Flagstar has reputation for successfully navigating the ebb and flow of an ever-changing housing market.

Lending 329

Lending Housing Market Technology Business 329

Housing Wire

MARCH 12, 2024

The Blueprint Builder features more than 60 third-party integrations, allowing lending teams to connect with other pieces of their workflow, from credit and verifications to pricing and disclosures. Wells Fargo -backed mortgage fintech Maxwell rolled out a point-of-sale (POS) feature that offers tailored workflows and integrations.

Technology 368

Technology Retail Lending Design 368

Housing Wire

SEPTEMBER 8, 2022

But when it comes to marketing a real estate or mortgage lending business, people who have made a sale in the past often consider marketing automation a “nice to have.”. How marketing automation saved Mike’s business. Thanks to this technology, most of his customers and business partners didn’t even know he was sick.

Business 418

Business Marketing Technology Tools 418

Housing Wire

DECEMBER 11, 2020

Yet borrowers have had limited agency in the lending process to date. FormFree, the ATP fintech led by HousingWire Tech Trendsetter Brent Chandler , is launching a blockchain-based exchange for consumers to take control of the lending process. The smart contract presents the borrower’s lending request to the exchange.

Lending 405

Lending Contracts Investors Technology 405

Housing Wire

JANUARY 10, 2024

Both Droge and Olmos come to University Bank from Open Mortgage , which shuttered its own top 10 reverse mortgage lending division late last year. Certifications, reverse posture Haviland and Droge have certified reverse mortgage professional (CRMP) designations from the National Reverse Mortgage Lenders Association (NRMLA).

Mortgage 409

Mortgage Lending Loan Officers Design 409

Housing Wire

DECEMBER 30, 2022

Chris Mozilo: While I’ve spent most of my 30-year career working at large firms, the most I ever learned in the mortgage business was the five years I worked at a small independent mortgage banker. At a small mortgage banker, leadership has to know all aspects of lending. I always enjoyed beautiful and simple designs.

Architecture 379

Architecture Design Lending Housing Market 379

Housing Wire

FEBRUARY 20, 2024

Fairway Independent Mortgage Corporation announced on Tuesday a series of reverse mortgage maneuvers designed to increase the company’s investment in the space. Ventura’s new position is as president of reverse lending, where he succeeds former reverse lending president Tane Cabe.

Investing 381

Investing Mortgage Lending Business 381

Housing Wire

DECEMBER 11, 2023

fair lending laws has been on regulators’ radar in recent years. Wells Fargo received the MRA from the CFPB a couple of months before the company announced it was scaling down its mortgage business in January. The CFPB has been tightening its screws on fair lending practices. Wells Fargo paid $3.7

Mortgage 427

Mortgage Lending Law Loan Officers 427

Housing Wire

APRIL 13, 2023

Wholesale lending is great for helping serve underserved borrowers. The wholesale channel has the ability to offer borrowers a variety of choices, with access to many different bank and lending programs. As a CDFI (Community Development Financial Institution) — a designation given by the U.S.

Marketing 365

Marketing Lending Design Development 365

Appraisal Buzz

APRIL 23, 2024

He spent over a decade in various executive and managerial positions, where he led a highly successful team that included analytics, risk management, training, communications and vendor management while managing two of the top five lending institutions and the firm’s GSE relationships.

Lending 195

Lending Training Design Tools 195

Housing Wire

FEBRUARY 1, 2024

His first order of business will be to integrate Balance Homes’ product and team with the EasyKnock platform. He also has experience designing and building digital products for companies like Google , Mattel , Samsung , Target and JetBlue. LaRue, meanwhile, will focus on the expansion of EasyKnock’s technology platform.

Technology 370

Technology Development Brokerage Design 370

Housing Wire

APRIL 25, 2024

The comprehensive continuing education courses cover federal and state-specific CE requirements in a compelling and entertaining digital-first video format designed to make the completion process as painless and informative as possible. Live classes are offered at a flat fee.

Mortgage 342

Mortgage Training Design Lending 342

Housing Wire

APRIL 28, 2023

Digital lending solutions provider DocMagic announced this week that it has added ADA-compliant mortgage loan documents to its document library. Much of modern lending technology is designed to give consumers the convenience to access loan documents in the ways that work best for them.

Design 310

Design Lending Technology Modernization 310

Housing Wire

OCTOBER 12, 2023

Wholesale lender The Loan Store launched a consumer rewards program designed to help mortgage brokers offer competitive mortgage rates. In April, the lender bought the wholesale lending business from the now-defunct Home Point Capital.

Lending 381

Lending Design Government Tools 381

Housing Wire

SEPTEMBER 30, 2020

Technology has made many aspects of day-to-day life more seamless than ever, with instant, easy and personalized consumer experiences; however, lending is still difficult. The Origence Mortgage Platform is an end-to-end lending platform that puts the power of modern technology in lenders’ hands, enabling them to close more loans, faster.

Lending 196

Lending Modernization Mortgage Technology 196

Housing Wire

NOVEMBER 27, 2023

HousingWire recently spoke with David Bernard, senior managing director of Specialized Mortgage Services at Western Alliance Bank , Member FDIC, about warehouse lending and how the warehouse sector and mortgage finance have progressed and continue to evolve. DB: Warehouse lending has evolved beyond traditional boundaries.

Lending 344

Lending Finance Clients Client Relationships 344

Appraisal Buzz

APRIL 15, 2024

The original forms were designed before the digital age, to be completed on typewriters. Appraisal software companies have innovated the process of “filling out “these forms, but they are still constrained with the original typewriter design. Most appraisers have diversity in their business channels.

Appraisal 397

Appraisal Design Lending Development 397

Housing Wire

MAY 8, 2023

For those in the mortgage space, there are a myriad of technology solutions claiming to help streamline lending operations and improve efficiency. When investing in a technology that someone else designed to automate workflows, it’s important to ask — how do I make this workflow work for me?

Technology 345

Technology Design Lending Business 345

Housing Wire

JUNE 7, 2022

Add to those challenges increased competition in a rising interest rate environment that is choking off refinance business, driving overall mortgage volume down significantly. But unless the automation is specifically designed to solve these problems, it stands little chance of being effective. appeared first on HousingWire.

Lending 292

Lending Mortgage Technology Modernization 292

Housing Wire

AUGUST 31, 2020

Lenders need to be able to grow their business in a way that is not linear and is not tied to the market cycles – leveraging automation technology can help. Because as much as automation is a long-term vision, it’s also about lenders proving value to the business as they move along the course.”.

Lending 406

Lending Technology Tools Training 406

Housing Wire

MARCH 10, 2023

California-based Impac Mortgage Holdings is repositioning itself as a mortgage brokerage and voluntarily giving up its seller-servicer designation with Fannie Mae and Freddie Mac. Impac is transitioning its retail consumer direct lending division into a mortgage broker fulfillment model to offer various products at a reduced cost per loan.

Mortgage 356

Mortgage Retail Design Brokerage 356

Housing Wire

APRIL 27, 2021

Finance of America intends to acquire Parkside Lending ‘s third-party origination channel operation for $40 million, the publicly traded lender and servicer announced Tuesday. It’s the latest in a string of big M&A deals in the mortgage lending space – and the growing wholesale channel in particular – over the past six months.

Finance 370

Finance Lending Retail Renovations 370

Housing Wire

APRIL 3, 2023

Cornerstone Servicing , a division of recently formed Cornerstone Capital Bank , has launched a subservicing business, the company announced Monday. Cornerstone Capital Bank was formed following a merger between a nonbank and a traditional depository. The deal created a financial institution with more than $380 million in capital and $1.5

Loan Officers 345

Loan Officers Clients Design Lending 345

Housing Wire

FEBRUARY 20, 2024

Several historic events over the past few years have brought seismic changes to the way the mortgage lending industry operates. Today, as we face what appears to be the beginning of a modest recovery in the marketplace, we can see the effect of those events in the way mortgage lending has changed forever.

Loan Officers 381

Loan Officers Technology Lending Tools 381

Housing Wire

JUNE 15, 2021

Sprout does most of its business through mortgage brokers. It also has a low-margin correspondent business. The addition of Johnson represents yet another change to the C-suite at Sprout, which halted non-QM lending last year when the coronavirus pandemic began and liquidity dried up.

Retail 360

Retail Mortgage Legal Lending 360

Housing Wire

FEBRUARY 10, 2023

The portal is designed to offer GHMC partners a “unique borrower online application experience” at no additional costs. Guaranty Home Mortgage said the goal of the portal is to help scale businesses and make its workflow more efficient through the use of this product. The company had production volume of $148.76

Retail 365

Retail Tools Loan Officers Design 365

Housing Wire

MAY 25, 2022

When it comes to business growth this year and beyond, industry experts agree that 2022 is the year of the non-qualified mortgage (non-QM) loan. However, not all LOs and brokers are set up to take on an influx of non-QM business. There is also the matter of efficiency versus increased lending cost.

Lending 377

Lending Investing Loan Officers Design 377

Housing Wire

JUNE 30, 2022

With demand for alternative lending expected to increase, Champions Funding empowers their broker partners to service diverse borrower needs by providing solutions-driven results in the non-QM space. The brokers who partner with Champions Funding benefit from exceptional support from a team that truly cares about their business goals.

Lending 339

Lending Design Clients Housing Market 339

Housing Wire

SEPTEMBER 24, 2021

Traditional lending approaches are time-consuming when it comes to fix-and-flip properties. Acra Lending is looking to solve these challenges and make fix-and-flip lending simpler and more efficient for borrowers, lenders and brokers. Waning agency business. It makes for a much faster underwrite,” Lind said.

Lending 386

Lending Renovations Finance Investors 386

Housing Wire

FEBRUARY 21, 2024

In 2021, Gigliotti created Axis 360 Lift , an online academy designed to educate aspiring mortgage and title professionals. Axis 360 Lift strives to offer a comprehensive understanding of the mortgage business by addressing each step of the process. He expects hiring to pick up again on the lending side in the third quarter of 2024.

Housing Market 335

Housing Market Mortgage Marketing Real Estate 335

Housing Wire

FEBRUARY 1, 2023

Designed specifically with the end-user in mind, Servicing Digital helps servicers deliver an outstanding, convenient and modern customer experience, which enhances growth and retention.” And because the app provides them with relevant information, it can help reduce the volume of consumer calls for the servicer’s customer service center.

Design 357

Design Tools Modernization Home Value 357

Housing Wire

JUNE 30, 2021

As purchase transactions move back to the forefront of lending, the broker channel will only continue to grow and gain momentum. a home loan company, offers resources to help support a broker’s business for continued success. Caliber offers a “triple play” of resources to help elevate a broker’s business.

Lending 383

Lending Renovations Design Tools 383

Housing Wire

APRIL 26, 2023

Nectar Kalajian, CEO of STG Mortgage, said the company needed a CRM solution that could meet the sales and marketing needs of the entire business unit. ” OptifiNow TPO is the first CRM designed specifically for wholesale mortgage lenders and is used by many lenders nationwide. .

Mortgage 256

Mortgage Design Retail Lending 256

Housing Wire

AUGUST 1, 2023

Their collective expertise spans the entire spectrum of the sector, encompassing areas such as lending, tech, real estate, appraisal, compliance, operations, sales and so much more. The following list of honorees comprises many more examples of exceptional leadership from some of the industry’s most accomplished women.

Real Estate 370

Real Estate Realty Lending Mortgage 370